-
Sphere Entertainment Expands Beyond Las Vegas, CEO Calls New Venue In Abu Dhabi 'Significant Milestone'
Wednesday, October 16, 2024 - 10:21am | 527Sphere Entertainment Co. (NYSE:SPHR) is building a new venue in Abu Dhabi, the capital of the United Arab Emirates. The Details: The Sphere venue in Abu Dhabi would be the second in the world after the Sphere's Las Vegas location opened in 2023. Abu Dhabi's Sphere will echo the scale of the 20,...
-
6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'
Monday, October 14, 2024 - 1:45pm | 1051The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said. What Happened: JMP Securities analyst Jordan Bender shared the takeaways from the Global Gaming Expo in a new...
-
Can Nevada Merge Gaming And Cannabis? Experts Discuss
Monday, August 26, 2024 - 6:21pm | 417Nevada is taking its first serious steps toward exploring a potential merger of its gaming and cannabis industries, as policymakers and industry leaders discuss how these two major sectors can legally co-exist. A recent panel hosted by the University of Nevada, Las Vegas (UNLV) brought this...
-
Sphere Entertainment Upgraded On 'Proven Out' Model: Global Franchise Potential Not Yet Priced In
Monday, August 19, 2024 - 8:31am | 460The Las Vegas Sphere has captured the hearts of music, movie and sports fans since opening in 2023. An analyst has upgraded shares of the company behind the iconic Las Vegas venue, citing the early success of its business model. The Sphere Entertainment Analyst: JPMorgan analyst David Karnovsky...
-
Las Vegas Sphere Could Soon Show Classic Film 'The Wizard Of Oz': Will Shareholders Follow The Yellow Brick Road To Profits?
Thursday, August 8, 2024 - 6:31pm | 694One of the most well-known films is coming to the Las Vegas Sphere. Could "The Wizard Of Oz" follow the iconic venue's path to growth with unique experiences and concerts? What Happened: The Las Vegas Sphere hosted bands U2 and Phish with plans for The Eagles and Dead & Company to join the list...
-
Gambler Turns $5 Into $2.2M On Side Bet In Las Vegas: Here's How
Thursday, July 25, 2024 - 3:04pm | 707A lucky gambler in Las Vegas won $2.2 million off of a $5 side bet playing Pai Gow at The Venetian Las Vegas Casino and Resort. Pai Gow is a card game based on Chinese dominoes and was created in 1985 by Sam Torosian, the then-owner of Bell Card Club.The gambler, whose name is unknown, hit a $5...
-
Las Vegas Sands Stock Dips After Worse-Than-Expected Q2 Results
Wednesday, July 24, 2024 - 4:44pm | 340Las Vegas Sands Corp. (NYSE:LVS) reported its second-quarter financial results Wednesday. Here's a look at the details from the report. The Details: Las Vegas Sands reported quarterly earnings of 55 cents per share, which missed the analyst consensus estimate of 56 cents by 1.79%. Quarterly...
-
Penn Entertainment Shares Soar On Buyout Report: What Investors Should Know
Thursday, June 20, 2024 - 4:40pm | 608Shares of PENN Entertainment (NASDAQ:PENN) traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector. What Happened: Penn Entertainment has been approached by Boyd Gaming (NYSE:BYD) according to a new report from Reuters. The report comes as...
-
Could Red Bull Join The NBA? Austrian Company Circles Sin City Team, New Report Says
Thursday, June 20, 2024 - 3:00pm | 477Energy drink conglomerate Red Bull is reportedly competing for ownership of an NBA team. What Happened: The Austrian company is willing to spend $4 billion to bring a franchise to Las Vegas, Bloomberg reported, citing unnamed sources. Red Bull already owns two Formula 1 teams and Major League...
-
Viva Las Vegas: Tourists Enjoy Sin City, But Gambling? Depends Where
Wednesday, June 5, 2024 - 9:04am | 691Las Vegas tourism is on a winning streak, and several casinos that light up the city stand to benefit. Sin City’s overnight stays saw growth compared to both last year and pre-COVID times, per Placer.ai data. See below. Tourism in Las Vegas is booming, with overnight stays in the city...
-
Only In Vegas: Get A Tattoo And Weed At The Same Place, Planet 13 Offers Both
Thursday, May 30, 2024 - 2:24pm | 639Las Vegas, famous for its boundary-pushing innovations and unforgettable experiences, has unveiled another first. Planet 13 (OTC: PLNH), the operator of the world's largest cannabis dispensary, has added a Koolsville Tattoo location to its premises. This collaboration offers locals and tourists...
-
Wynn Resorts Reports Better-Than-Expected Q1 Results, Strong Macau Revenues
Tuesday, May 7, 2024 - 4:53pm | 403Wynn Resorts, Limited (NASDAQ:WYNN) reported its first-quarter financial results after the bell Tuesday. Here's a look at the highlights. The Details: Wynn Resorts reported quarterly earnings of $1.59 per share which beat the analyst consensus estimate of $1.27 by 25.2%. Quarterly sales clocked in...
-
Elon Musk's The Boring Company Faces Violations Over Las Vegas Tunnel Expansion For Endangering Monorail: Report
Saturday, April 13, 2024 - 4:39am | 582Elon Musk’s The Boring Company has been issued multiple violations by Clark County for its Las Vegas tunnel expansion project. What Happened: The Boring Company, owned by Musk, has been accused of endangering the structural foundations of the Vegas Monorail, Fortune reported. The violations...
-
Dogwifhat Off The Leash With 16% Single Day Rally: 'WIF Has Captured The Meme Zeitgeist,' Says Bloomberg Host
Wednesday, March 13, 2024 - 12:48pm | 614Dogwifhat (CRYPTO: WIF) gained 16% in the past 24 hours and analysts remain bullish on the meme coin, with prices hovering around their all-time high level. What Happened: Dogwifhat is currently trading around $2.25, just short of its all-time high of $2.38. A WIF trader posted a...
-
MGM Q4 Earnings Highlights: Revenue Beat, EPS Beat, Record Las Vegas & China Results, Super Bowl Kicks Off Strong Q1
Tuesday, February 13, 2024 - 5:47pm | 550Casino and resort operator MGM Resorts International (NYSE:MGM) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: MGM Resorts reported fourth-quarter revenue of $4.38 billion, which was up 22% year-over-year. The revenue total beat...